Dec 10, 2015 09:35 am UTC| Commentary
With last weeks ECB decision, USD eased notably versus EUR. The likelihood of asset purchase program being increased again almost fell to zero. The reduced 10 bp depo rate cut means nothing to the FX market and hardly...
ECB likely took the pressure off from SNB
Dec 10, 2015 09:25 am UTC| Commentary Central Banks
The Swiss National Bank (SNB) maintains its expansionary monetary policy. The target range for 3-month Libor remains at between -1.25% and -0.25%, and the interest rate on sight deposits with the SNB is kept unchanged at...
US November imports likely to continue the downward trajectory
Dec 10, 2015 09:14 am UTC| Commentary
US Import Price Index mom is expected by the market consensus to be dropping by 0.8% in the month of November, while the index is expected to show a drop of 9.6 % year on year basis. This anticipated decline is probably...
U.S. GDP likely to be above 2% in coming years
Dec 10, 2015 08:59 am UTC| Commentary
Private investment in the United States is expected to increase in near future. Scarcity in labor supply causes the wage rate to increase. Hence, investment will increase in order to replace capital for labor. This in...
Rising wage rate hints higher inflation in U.S.
Dec 10, 2015 08:57 am UTC| Commentary
The wage growth in the United States remained sluggish for a long time seems to be taken off. Increase in wage rate indicates the economy isexpected to face an inflationary pressure in near future. Lower commodity...
Australian jobs, business confidence and GDP spur economic climate but macros still remain
Dec 10, 2015 08:02 am UTC| Commentary Economy
Total employment: 71.4k from 56.1k Unemployment rate: 5.8% from 5.9% Total employment has now grown 342k (or 3.0%yr) in the year to November, a significant acceleration from the continuing the acceleration from...
U.S. unemployment rate likely to sink in coming years
Dec 10, 2015 07:52 am UTC| Commentary
The labor market in the United States performed well in this year. On an average, the monthly employment increased by more than 200,000. Similarly, unemployment rate reduced from 5.7% in January to 5.0% in November. The...
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